Upscale Bath Design & Remodeling Firm - Below Asset Value

Fairfax County, VA (Relocatable)

Upscale Bath Design & Remodeling Firm - Below  Asset Value
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Asking Price: $40,000

Cash Flow: $75,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $75,000

Inventory: $8,000

Established: 2006

Upscale Bath Design & Remodeling Firm - Below Asset Value

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Business Description

Phenominal Opportunity - Priced Right

This design and remodeling company was a spinoff of a 60-year-old high-end design firm and has been in business since 2006. The business line has generated as much is $2.5 million in revenue per year with net income of approximately 15%. The business includes a custom built, 26 foot mobile showroom with custom displays inside making it easy to generate new clients through home shows and mobile showroom visits to prospective homeowners.

The value of the assets alone exceed $85,000. *** The business will include the mobile showroom with complete displays, the website, marketing material, phone system and over 1,500 past client list. Calls for estimates are coming in daily. This is an unusually good opportunity for someone to take this company back to sales of $1.5mm to $2mm per year with owners income of over $150,000. Everything is in place.

This business is priced to sell very quickly at $40,000.***

No NDA required. Please submit inquiries

Detailed Information

Inventory:
Included in asking price
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
- 26’, 136 sq. ft. Mobile showroom (E450 Ford with only 1,023 miles) - Over $75,000 invested - Complete Custom-built website - Web-based phone system (plug into any internet connection with existing business phone numbers) Prospective clients calling regularly. - Complete Client list for the last 12 years (approximately 1,500 clients) - Up to date, professionally designed marketing materials (Home Based)
Competition:
There are a wide variety of contractors and design firms in the area. However, very few have a high end, custom built show room which provides a tremendous competitive advantage
Growth & Expansion:
There is no reason that this business cannot grow back into the multi million dollar business it once was. Earnings tend to average between 10 and 20% of total sales.
Support & Training:
- 30 days of hands-on training - one year of telephone support
Reason for Selling:
Owners relocating to another geographic area
Home-Based:
This business is Home-Based
Business Website:
http://Www.BathExpress.com
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Business Listed By:
Jim McCoy

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